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Bank Collapse - warning sign?

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Harvestdancer
Post subject: Bank Collapse - warning sign?
Posted: Wed 15 Mar , 2023 1:48 am
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Joined: Thu 26 Mar , 2020 1:25 am
 
So Silicon Valley Bank and Signature Bank have just gone down, closed by regulators.

Silicon Valley Bank was the bank for the tech industry. This is the biggest bank fall in years. Plus it echoes the dot-com bust. Signature Bank was involved in Crypto investment as well.

Usually bank collapses, especially fairly big ones, indicate the economy is bad.


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